Annual Report 2010-2011 of Bajaj Allianz General Insurance Company Limited

It is a broadly described annual report of Bajaj Allianz General Insurance Company Limited in the year of 2010-11. During the financial year, Total assets of the Company stood at Rs. 44,465,619 Crore. The Company’s GWP (excluding pool) during the year grew from Rs. 25.15 Billion to Rs. 29.05 Billion, a growth of 15.5%. The Net Earned Premium during the year excluding the premiums from motor pool was Rs. 19.31 Billion as against Rs. 16.71 Billion in the previous year, a growth of 15.6%. The Profit before Tax (PBT) for the year was Rs. 619.1 Million compared with Rs. 1.80 Billion in the previous year, a reduction by 65%. The Profit after Tax (PAT) for the year was Rs. 432.7 Million against Rs. 1.21 Billion in the previous year, a decrease of 64.2%. Earnings per Share (EPS) for the year Rs. 3.93.

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